China Prestressed Concrete Steel Wire Strand: Final AD Duty Determination
The International Trade Administration has made a final affirmative antidumping determination that prestressed concrete steel wire strand (PC strand) from China is being, or is likely to be, sold in the U.S. at less than fair value (A-570-945).
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Combination Rates
The ITA has calculated combination rates for respondents that are eligible for a separate rate in this investigation. (See ITT's Online Archives or 04/11/05 news, 05041110, for BP summary of 2005 policy bulletin outlining this change in practice with regard to AD combination rates for non-market economies (NMEs).)
AD Suspension of Liquidation Continues
The ITA will instruct U.S. Customs and Border Protection to continue to suspend liquidation of all entries of subject merchandise from China with a time of entry on or after December 23, 2009.
AD Cash Deposit Requirements
The ITA will direct CBP to require a cash deposit or bond for entries of subject merchandise from China for the following exporter/producer combinations with a time of entry on or after May 21, 2010 at the revised AD duty rates listed below, which have been adjusted for export subsidies1.
| Exporter | Final AD Rate |
|---|---|
| Wuxi Jinyang Metal Products Co. (WJMP) | 42.42% (from 37.61%) |
| Xinhua Metal Products Co., Ltd. | 175.74% (from 151.27%) |
| Fasten Group Import & Export (Fasten Group I&E) | 175.85% (from 151.39%) |
| China-wide entity(including Tianjin Shengte, Silvery Dragon, and Tongda)2 | 193.55% (unchanged) |
1The ITA has determined that subject merchandise exported by mandatory respondent Xinhua Metal benefitted from export subsidies; therefore, its AD duty rate has been adjusted for the export subsidies determined in the companion final countervailing determination. The ITA has also adjusted the AD duty rates for voluntary respondent WJMP and the separate rate respondents.
2The China-wide entity includes Tianjin Shengte; Silvery Dragon PC Steel Products Group Co., Ltd.; and Liaonin TongDa Building Material Industry Co., Ltd.
AD Duty Order to be Issued if ITC finds Injury/Threat of Injury
The International Trade Commission will determine within 45 days whether the domestic industry in the U.S. is materially injured, or threatened with material injury, by reason of imports or sales (or the likelihood of sales) for importation of the subject merchandise. If the ITC determines that such injury does exist, the ITA will issue an AD duty order.
If the ITC determines that material injury or threat of material injury does not exist, the proceeding will be terminated and all securities posted will be refunded or canceled.
(See ITA notice for additional information, including the scope of the order (which remains unchanged since the initiation notice), etc.
See today’s issue of ITT, 10052129, for BP summary of the ITA’s final CV duty determination for subject merchandise.
See ITT’s Online Archives or 05/18/10 news, 10051884, for BP summary of the fact sheet announcing this final determination.
See ITT’s Online Archives or 12/28/09 and 01/12/10 news, 09122850 and 10011255, for BP summary of the preliminary AD duty determination and adjusted preliminary AD rates.)
ITA contact -- Alan Ray (202) 482-5403
ITA notice (FR Pub 05/21/10) available at http://edocket.access.gpo.gov/2010/pdf/2010-12310.pdf
ITA fact sheet available at http://ia.ita.doc.gov/download/factsheets/factsheet-prc-pc-strand-adcvd-final-20100517.pdf